Kinsale Capital Group (KNSL) IPO Opens Up 13%

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Go back to Kinsale Capital Group (KNSL) IPO Opens Up 13%

Kinsale Capital Group, Inc. Prices Initial Public Offering

July 27, 2016 8:56 PM EDT

RICHMOND, Va., July 27, 2016 (GLOBE NEWSWIRE) -- Kinsale Capital Group, Inc. (NASDAQ: KNSL) today announced the pricing of its initial public offering of 6,600,000 shares of common stock at a price of $16.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on July 28, 2016 under the symbol KNSL.

Kinsale is offering 5,000,000 shares of common stock and the selling stockholders named in the prospectus are offering 1,600,000 shares of common stock. The underwriters have a 30-day option to purchase up to an additional 990,000 shares of common stock... More